Donna Leonard's (dleonard1) Blog

Lowering Your Payments There are many ways besides opting for a shorter rate lock period to get a lower payments, though. A larger down payment will result in a lower interest rate than a smaller one, because you're starting out with more equity and the lender is taking less of a risk. You can pa...

In this time of financial turmoil you may find that your mortgage is sold multiple times.  Selling mortgages from lender to lender is common, and sometimes a VA mortgage payment is sent to the old loan holder because notification of the new owner of your loan and your payment became crossed in t...

Home equity loans can be great financial tools that not only facilitate home improvements but also contribute toward building wealth. Proper use is essential, however. Just as a knife is helpful when cutting open a box, it can also hurt you if it's used carelessly. Through a combination of prope...

One of the most frequesnt questions that I get when someone is denied a loan or market conditions result in a decline at the last minute is Credit Repair Worth it? The answer is Yes and No.  You make note if the credit repair company operating in your best interest or are they operating it as a b...

Which refinancing option is best for you?   There aren't quite as many loan programs as there are borrowers, but it seems like it sometimes! We'll work with you to qualify you for the best loan program to fit your needs. But there are some general considerations you can have in mind in advance. A...

VA Loan Benefits   VA guaranteed loans are made by lenders and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. The guaranty means the lender is protected against loss if you fail to repay the loan. In most cases, no down payment is requi...